New York City · Home sale
212 5 Avenue Unit 16B in Manhattan sells for $8.15 million
A condominium at 212 5 Avenue Unit 16B, Manhattan sold for $8,150,000 on August 24, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $8,150,000
- Sold
- August 24, 2026
- Property type
- Condominium
- Living area
- 3,078 sq ft
- Price per sq ft
- $2,648
- Year built
- 1913
A condo at 212 5 Avenue Unit 16B sold for $8,150,000. That works out to $2,648 per square foot. The sale closed on August 24, 2026, according to city property records.
An aerial photo shows the setting. Apartment and condo buildings surround the property.
The record shows the seller: Loretta A. Ippolito, as Co-Trustee and The Bernard L. Schwartz Revocable Trust. The buyer was Allan & Allen LLC.
The condo has 3,078 square feet of living area, according to the NYC Department of Finance. The same records show a build year of 1913. Listing data shows 3 bedrooms and 4 bathrooms.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in New York City?
By our estimate, the seller's two largest charges, not counting commission and prorations, were $116,137.50 for the nYC real property transfer tax (residential) and $32,600 for the nY State real estate transfer tax. Who pays what follows New York City custom.
How much did the seller net?
By our estimate, the seller netted about $7,685,774. That assumes a 5% commission. It is before any mortgage payoff.
How much cash did the buyer bring to closing?
A buyer putting 20% down would need about $2,240,476 at closing. That covers the down payment and closing costs.
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Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026082500793001. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
